Mostly Absentee Laundromat, 2020 Electrolux Equip, Great Lease

The laundromat operates from a 4,500-square-foot retail space in a prime location and is equipped with Electrolux washers and dryers installed in 2020, including 45 washers and 48 dryers. The equipment is estimated to be worth approximately $370,000. The laundromat benefits from substantial existing infrastructure investment, with replacement cost for a facility of this scale in the Houston market typically estimated between $600,000 and $900,000, excluding equipment. This represents a significant barrier to entry and provides meaningful underlying asset value to a new owner. The business operates under a favorable long-term lease at $1.00 per square foot, with the current term extending through Fall 2028 and a five-year renewal option available. Low occupancy cost provides operational stability and supports long-term profitability. All in rent with NNN is currently $5,620. Based on year-to-date performance through November, 2025 annualized gross revenue was approximately $222,070, with Seller’s Discretionary Earnings estimated at $58,156. The business is currently operated absentee with four employees managing day-to-day operations. The owner’s decision to sell is driven by the growth of another business venture requiring increased focus and time. The combination of modern equipment, established infrastructure, favorable lease terms, and absentee operation makes this business a compelling opportunity for an owner-operator or investor seeking entry into the laundromat industry without the cost, timeline, and construction risk associated with developing a new location.